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Pages:
1 page/≈275 words
Sources:
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Level:
Other
Subject:
Literature & Language
Type:
Math Problem
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 3.6
Topic:
Statistics Questions Literature & Language Math Problem (Math Problem Sample)
Instructions:
statistics problems
source..Content:
REGRESSIONS (INTERPRETATION)
[Institutional Affiliation]
[Student’s Name]
[Date]
1 Assume you are trying to forecast US Tesla car sales by using the number of elephants in Africa as an explanatory variable. Write a regression equation showing a zero intercept and that US Tesla sales is insensitive (unaffected by) the number of elephants in Africa.
Solution
Let y= US Tesla car sales
X=number of elephants in Africa
Y=a+bx since a=0 then the regression equation will be represented as
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